It’s been just revealed that 21Shares which was formerly known as Amun said that the Polkadot ETP (PDOT) is about to be listed on the Swiss exchange SIX a couple of days from now on February 4.
It’s been revealed that the company said that this listing had been taken into consideration because they wanted to remain ahead of the curve amidst the surge in crypto interest these days.
As you probably know by now, 2020 and now 2021 have been characterized by surging intuitional interest in cryptos and these will remain in the history of digital assets as some really bullish years without a doubt.
Coindesk covered the piece of news as well, and below, you can check out the tweet that they shared:
Switzerland-based @21Shares_ is launching the world’s first ETP for the polkadot (DOT) cryptocurrency.
— CoinDesk (@CoinDesk) February 2, 2021
According to the online publication mentioned above, Polkadot was added to the 21Shares HODL basket ETP as the second-largest constituent after bitcoin (BTC, +2.49%), replacing bitcoin cash (BCH, +2.77%).
21shares gives Polkadot its own ETP
21shares took the decision to give the crypto asset its very own ETP, as they also made sure to note.
Polkadot market capitalization is currently above $15 billion, and this achievement is putting DOT at fifth place in the cryptocurrency rankings, according to CoinMarketCap.
“European investors are approaching us to launch new products based on other key crypto assets to enable them easy access without the need of a private key or unregulated wallets and exchanges,” according to Hany Rashwan, CEO 21Shares AG.
Check out the complete article posted by Coindesk about the matter and stay tuned for more exciting news.
The feedback on social media was extremely positive following the piece of news.
Regarding the coin’s price, at the moment of writing this article, Polkadot is trading in the green, and the coin is priced at $16.99.